Cashback vs reward points: Which credit card is better for you?

Cashback credit cards simplify rewards by providing a set percentage of transaction value as cashback, credited monthly. While they are user-friendly, their reward rates tend to be lower than travel cards, which offer enhanced rewards for travel-related expenditures and versatile redemption options.

​Cashback credit cards simplify rewards by providing a set percentage of transaction value as cashback, credited monthly. While they are user-friendly, their reward rates tend to be lower than travel cards, which offer enhanced rewards for travel-related expenditures and versatile redemption options.